DAVY VIEW

This quarter’s MyHome report shows asking price inflation accelerating to 9.7% in Q4 2021. Prices rose by an uncharacteristically sharp 1.2% in Q4 during the normally quiet winter months. This reflects the market grinding tighter, with the stock of homes listed for sale having fallen to a fresh historic low of just 11,300. In addition, Ireland’s labour market is performing exceptionally well – adding to housing demand